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Traditionally, how did savings and loan associations and credit unions differ from commercial banks?

a. Savings and loan associations and credit unions traditionally catered individuals will commercial banks offered a full range of services to businesses and individuals.

b. Savings and loan associations and credit unions traditionally offered customers savings accounts only, while commercial banks offered both savings and checking accounts.

c. Savings and loan associations and credit unions additionally loaned money to businesses only, while commercial banks granted both businesses and personal loans.

d. Savings and loan associations and credit unions were to do Schneider largest and most important part of the financial system, while commercial banks were less common and less important.

Respuesta :

Answer:

A (Savings and loan associations and credit unions traditionally catered individuals will commercial banks offered a full range of services to businesses and individuals.Savings and loan associations and credit unions traditionally catered individuals will commercial banks offered a full range of services to businesses and individuals.)

Explanation:

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The difference between the above is that a. Savings and loan associations and credit unions traditionally catered individuals will commercial banks offered a full range of services to businesses and individuals.

How are savings and loan associations different from commercial banks?

Savings and loans associations as well as credit unions, were established in order to provide individuals with financial services.

Commercial banks on the other hand, offer their services to a wide range of entities including governments, businesses, and individuals.

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